Description
BSE lists new commercial paper of Rs. 100 crores issued by Nuvama Wealth and Investment Limited with 15-day tenure.
Summary
BSE has listed new Commercial Paper issued by Nuvama Wealth and Investment Limited worth Rs. 100 crores (2000 units of Rs. 5 lakh each) on private placement basis. The paper carries CARE A1+ and CRISIL A1+ ratings with 15-day tenure from August 13 to August 28, 2025.
Key Points
- Issue size: Rs. 100 crores (2000 units of Rs. 5,00,000 each)
- Credit ratings: CARE A1+ and CRISIL A1+
- Issue price: Rs. 498,596.50 per unit
- Face value: Rs. 5,00,000 per unit
- Market lot: 1 unit
- Scrip code: 730016
- ISIN: INE523L14AH8
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
- Issuing and Paying Agent: ICICI Bank Ltd
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Adherence to tick size of 1 paise
Important Dates
- Allotment date: August 13, 2025
- Listing effective date: August 14, 2025
- Redemption date: August 28, 2025
- Tenure: 15 days
Impact Assessment
Minimal market impact as this is a routine short-term commercial paper listing. The high credit ratings (A1+ from both CARE and CRISIL) indicate low credit risk. Limited to debt segment trading with standard commercial paper terms.
Impact Justification
Routine commercial paper listing with minimal market impact